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Graph of weekly Cushing Stocks excluding SPR of Crude Oil from 2004 to 2018. The city of Cushing in Oklahoma is a central hub within the United States and worldwide oil industry. It connects major pipelines within the United States and is the location where the oil futures contracts end up being delivered.
A 1912 oil boom led to the city's development as a refining center, [7] with over 50 refineries operating in Cushing over its history. [8] Today, Cushing is a major trading hub for crude oil and a price settlement point for West Texas Intermediate on the New York Mercantile Exchange [9] and is known as the "Pipeline Crossroads of the World."
Steele City, NB & Cushing, OK TransCanada Crosses South Dakota to Steele City, where it branches east through Kansas and Missouri to delivery points at Wood River and Patoka, Illinois, and south to delivery points at Cushing, Oklahoma and Houston and Port Arthur, Texas.
William G. Skelly, founder of Skelly Oil, founded KVOO-TV. The VHF channel 2 allocation was contested between two groups, both led by prominent Oklahoma oilmen, that competed for approval by the Federal Communications Commission (FCC) to be the holder of the construction permit to build and license to operate a new television station on the third commercial VHF allocation to be assigned to Tulsa.
Seeking to capitalize on the pipeline's location to gather raw natural gas in Oklahoma and Texas for transport to the company's refinery complex at Sweeny, Texas, and other refineries near Houston, Phillips converted the system to ship natural gas south instead of shipping crude oil north. Phillips called that arrangement the "Seagas Pipeline". [2]
It was the first well in the Cushing field to produce 1 million barrels of oil and established the Oklahoma record for production from a single well. The well was capped in the mid-1960s. The site includes concrete foundations, the capped well casing, and a sign. In 1980, eight neighboring wells continued to produce oil. [2]
KSWO-TV (channel 7) is a television station licensed to Lawton, Oklahoma, United States, serving the western Texoma area as an affiliate of ABC and Telemundo.It is owned by Gray Media, which maintains a shared services agreement (SSA) with American Spirit Media, owner of Wichita Falls, Texas–licensed CBS affiliate KAUZ-TV (channel 6), for the provision of certain services.
Encyclopedia of Oklahoma History & Culture. Oklahoma Historical Society and Oklahoma State University Library Electronic Publishing Center. "State: Oklahoma". TV Query Broadcast Station Search. Washington DC: Federal Communications Commission. "Oklahoma: News and Media: Television". DMOZ. AOL. (Directory ceased in 2017) Oklahoma Association of ...